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- The $180M Bet That Almost Broke Elon Musk
The $180M Bet That Almost Broke Elon Musk
In partnership with
Elon Musk sold PayPal in 2002 and ended up with $180 million in cash. Most people would retire. Buy an island. Live the easy life. But not Elon.
🚀SpaceX (rockets? too risky)
đźš—Tesla (EVs? no market)
🔋SolarCity (solar? too early)
He was broke by 2008, borrowing money to pay rent. Experts thought he was crazy. Investors thought it was delusional. Experts thought he'd fail. Then it changed.
SpaceX won contracts with NASA.
Tesla was alive and thriving; a $900B company.
SolarCity was acquired. Would you risk it all?
Watch Musk tell his story: https://www.youtube.com/watch?v=DbfejwP1d3c
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